NOT LISTED FOR SALE

731 Mooring Rd Unit 210 Ocean City, MD 21842

Estimated Value: $385,000 - $446,000

2 Beds
2 Baths
1,132 Sq Ft
$165/mo HOA Fee

Last Sold August 06, 2020

Last sale price $255,000 $225 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,742/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Furnished
  • Ocean City Elementary School Rated A
  • Water Access
  • Upgraded Countertops

About This Home

As of August 2020

Beautifully upgraded spacious 2 bed / 2 bath unit on the south west end of the 94th Street corridor just steps from the open bay. Location...Check! Enjoy sunny south side views from your balcony or hop on your boat and hit the water. Boat slip...check! Well maintained building with a pool overlooking the canal. Pool...check! Upgraded kitchen and bathrooms...check! Great building...check! Great rental potential...check! Checks all the boxes of a perfect second home, beach retreat or investment rental property. Call for a showing today!

Last Agent to Sell the Property

Tracey Sapia

(443) 859-4190 tracey@ryanhaley.com Atlantic Sands Realty Listed on: 03/18/2020

Atlantic Sands Realty

Last Buyer's Agent

Millie Lang

(443) 618-1103 millie@bobandronna.com Douglas Realty, LLC License #671355

Douglas Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,132 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Balcony

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 210
  • Assessor Parcel Number 10-097630

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), trash
  • Low-Rise Condominium
  • Tom Cartey Condos, Phone Number (610) 357-7380
  • Barbados Sun Community

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,350

Year Built

Built in 1975

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Foyer table, dishes, wall hangings/pictures, personal items in closets and drawers.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-22
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully upgraded spacious 2 bed / 2 bath unit on the south west end of the 94th Street corridor just steps from the open bay. Location...Check! Enjoy sunny south side views from your balcony or hop on your boat and hit the water. Boat slip...check! Well maintained building with a pool overlooking the canal. Pool...check! Upgraded kitchen and bathrooms...check! Great building...check! Great rental potential...check! Checks all the boxes of a perfect second home, beach retreat or investment rental property. Call for a showing today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Carpet, Ceiling Fan(s), Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1132
  • Living Area Sq Ft: 1132
  • Price Per Sq Ft: 247.26
  • Above Grade Finished Sq Ft: 1132
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1980.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Tom Cartey
  • Condo Co-Op Phone: 610-357-7380
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5405092
  • Tax Annual Amount: 3350.00
  • Assessor Parcel Number: 10-097630
  • Tax Lot: 210
  • Tax Total Finished Sq Ft: 1132
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/06/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Aug 5, 2020
Sold by
Brown Steven and Brown Natalie A
Bought by
Shoen Jay
Seller's Agent
Tracey Sapia
Atlantic Sands Realty
Buyer's Agent
Millie Lang
Douglas Realty, LLC
List Price
$289,900
Sold Price
$255,000
Premium/Discount to List
-$34,900
-12.04%
Current Estimated Value
$425,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,782
Avg. Annual Appreciation
10.30%
Original Mortgage
$229,500
Outstanding Balance
$203,203
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,579

Purchase Details

Closed on
Sep 13, 2012
Sold by
Kaplan Eileen P and Mangiapane Kathleen V
Bought by
Brown Steven and Brown Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Nelson Francesca B
Bought by
Nelson Francesca B and Life For
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shoen Jay $255,000 Dba Real Estate T&E
Brown Steven $152,000 Title Resources Guaranty Com
Nelson Francesca B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoen Jay $229,500
Previous Owner Brown Steven $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $255,000 -8.9% $225 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $279,900 -1.8% $247 / Sq Ft
05/26/2020 05/26/20 Price Changed $284,900 -1.7% $252 / Sq Ft
03/18/2020 03/18/20 For Sale $289,900 -- $256 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,173 $305,600 $0 $0
2024 $3,869 $277,300 $0 $0
2023 $3,499 $249,000 $124,500 $124,500
2022 $3,436 $244,500 $0 $0
2021 $3,391 $240,000 $0 $0
2020 $3,327 $235,500 $117,700 $117,800
2019 $3,489 $245,967 $0 $0
2018 $3,387 $242,933 $0 $0
2017 $3,331 $239,900 $0 $0
2016 -- $234,633 $0 $0
2015 -- $229,367 $0 $0
2014 $3,301 $224,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Sapia

    Seller's Agent in 2020

    Tracey Sapia

    Atlantic Sands Realty

    (443) 859-4190

    14 in this area

    21 Total Sales

    Tracey Sapia
    Section Image
  • Millie Lang

    Buyer's Agent in 2020

    Millie Lang

    Douglas Realty, LLC

    (443) 618-1103

    19 Total Sales

    Millie Lang
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO112898

Bright MLS

APN: 10-097630

Maryland Worcester County Ocean City 21842

731 Mooring Rd Unit 210, Ocean City, MD

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